The European Bank for Reconstruction and Development (EBRD) and investment partners will provide a $30.7 million syndicated loan to finance a 30 MW power plant, which EBRD says will be the first large-scale solar installation built in Mongolia.

Chinese integrated energy company Sunpower Group Ltd today announced the securing of equipment supply contracts worth CNY 80 million (US$12.5 million) with Xinjiang Xinte Energy, a subsidiary of TBEA Co Ltd.

Researchers working on inorganic perovskites at the Energy Materials and Surface Sciences Unit at the Okinawa Institute of Science and Technology Graduate University (OIST) in Japan have found that doping with manganese can significantly improve the performance of wholly inorganic perovskite solar cells.

U.S. technology company, Alta Devices has launched a new gallium-arsenide based solar cell, which it says improves on the power to weight ratio of its previous cell by 160%. The cell is designed to provide lightweight, high efficiency generation for integration with cars, drones and other vehicles.

A team of researchers the United States Department of Energy’s Lawrence Berkeley National Laboratory has discovered a method of coating particles with organic dye, which can capture near infrared light, a breakthrough which, according to the researchers, could greatly boost solar cell efficiency by capturing a larger section of the light spectrum.

A team from the University of Michigan in the U.S. has developed an organic tandem solar cell with 15% efficiency, a new record for an organic solar cell. The scientists utilized a novel method for stacking the two layers on top of each other without damaging either layer.

After a strong finish to 2017, Germany’s equipment suppliers are looking at weaker demand in 2018, although the industry still expects sales growth of 9.2% this year, according to the latest Business Climate Survey published by the German Engineering Federation’s Photovoltaic Equipment Group.

According to the latest report published by the German Engineering Association (Verbandes Deutsches Maschinenbau Anlagen, or VDMA), solar equipment sales for German tool makers increased by 117% in Q4 2017, compared with the previous quarter.

British headquartered perovskite startup, Oxford PV has received an additional GBP 8.02 million (US$11.2 million) in funding from existing investors. The company states it will use the funds to continue its development of commercially viable perovskite-on-silicon tandem cells.

Scientists led by Germany’s Max Planck Institute for Solid State Research have demonstrated for the first time that, as well as electrons, light also releases charged particles in a perovskite solar cell material. The researchers state that this groundbreaking discovery could make possible new solar power applications, such as batteries directly charged by light.